Additional details

Listed by CARLOS SANDOVAL • SAND MANAGEMENT GROUP
$875,000
Est. payment /mo
5,494 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRMB26012209
Year Built 1908
Lot Size 5,494 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
Rare RTI value-add opportunity at 924 South Euclid Avenue. The property is currently improved with an existing income-producing duplex with tenants in place, allowing for immediate in-place cash flow while executing an approved expansion strategy. The offering includes Ready-To-Issue (RTI) plans for two identical, detached ADUs, plus an approved permit for demolition of the existing garage. All plans are approved under the 2022 California Building Codes, with permits ready to be pulled, significantly reducing entitlement risk and development timeline. Each ADU is designed with 2 bedrooms, 2 bathrooms, full kitchen, in-unit laundry, and dedicated closet space, and each unit carries its own independent ½ address per approved plans. Identical layouts support construction efficiency, cost control, and operational consistency. This is a clear path to increasing density and long-term asset value while preserving existing rental income-ideal for small-scale multifamily developers, builders, or owner-operators seeking a shovel-ready project. Full approved building plans available upon submission of an offer. Buyer to independently verify all plans, permits, zoning, square footage, addressing, tenant information, and final permit issuance fees with the local Department of Buil
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Interior
Heating Gas, Central Forced Air
Cooling Central AC
Laundry 38
Exterior
Parking Features No Parking
Pool None
Building
Water District - Public
Others
Tax ID 5189003028
Special Listing Condition Not Applicable
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